All posts tagged divestments

LIG Insurance Co., South Korea’s fourth-largest property-and-casualty insurer by assets, said Thursday that it has hired Goldman Sachs Group Inc. to advise it on the sale of a 21% stake in the company. Read More »

Setting a positive tone for the South Korean government’s latest attempt to sell Woori Finance Holdings, bidders emerged Monday for two regional banks that are being offered as the first stage of a sale.

After failing three times to sell its 57% stake in Woori Finance due to a lack of interest, the government aims this time to do it in three steps—first selling the two regional banks, then the brokerage unit and related affiliates and finally flagship Woori Bank. Read More »

Korea Line Corp. is trying to sell a controlling interest in itself after a failed attempt early this year, underscoring the difficult courses global shipping companies find themselves navigating. Read More »

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